Disney will report its last earnings results on Thursday before the launch of its highly anticipated streaming platform. Here's what 4 Wall Street analysts are talking about.

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Wall Street expects Disney to report $1.56 billion in profit on $19 billion in revenue for the fourth quarter.

Disney's fourth-quarter earnings report Thursday will land just five days before the company releases its highly anticipated streaming platform Disney Plus. Wall Street has been evaluating the media conglomerate's billion-dollar effort to break into the direct-to-consumer video space much more closely in recent months. Investors and analysts will be looking for guidance on how many subscribers Disney expects to bring onto the services in the coming quarters.

Disney's fourth-quarter earnings report Thursday will land just five days before the company releases its highly anticipated streaming platform Disney Plus. Wall Street has been evaluating the media conglomerate's billion-dollar effort to break into the direct-to-consumer video space much more closely in recent months. Investors and analysts will be looking for guidance on how many subscribers Disney expects to bring onto the services in the coming quarters.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ahead of the Disney earnings call today, we took a look at Americans' thoughts of disneyplus. 22% of US adults say they're likely to subscribe and that number has doubled over the last 6 months. Full story: _danielstrauss

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Disney earnings, jobless claims, Bank of England rate decision: Three things to watch on ThursdayWe'll get earnings from Disney, jobless claims and an interest rate decision from the Bank of England on Thursday. What about $TBI? Ahead of the Disney earnings call today, we took a look at Americans' thoughts of disneyplus. 22% of US adults say they're likely to subscribe and that number has doubled over the last 6 months. Full story: mkmfitzgerald
Source: CNBC - 🏆 12. / 72 Read more »